Aviation
SATS raises age limit for retirement, re-employment
SATS raises age limit for retirement, re-employment
The policy will take effect immediately and is expected to benefit more than 700 employees.
SATS completes sale of 49% stake in SERVAIR-SATS
It agreed to sell 509,600 ordinary shares in SERVAIR-SATS.
SATS’ CFO Manfred Seah to step down on 25 July
Seah holds 694,603 ordinary shares in SATS.
SIA sees minimal impact from Middle East airspace reroutes
The disruptions followed escalating tensions between Israel and Iran, which led to the closure of several regional airspaces on June 23.
SIA CEO annual pay drops to $7m despite record profit
The carrier posted a net profit of $2.8b in FY2024/25.
SG emerges as Southeast Asia's hub for luxury and business travel
This was evidenced by the three-digit growth figures in Vista’s flight traffic.
SATS Subsidiary WFS prices US$100m notes due 2030
Part of SATS’ US$3b multicurrency debt issuance programme.
RTX, EDB signs 10-year strategic collaboration in Singapore
Core areas include manufacturing and talent, and skills development.
SIA Group passenger traffic up 3.1% in May
The group’s passenger load reached 86.4%.
Changi Airport signs MoU with HMIA to boost aviation ties
The partnership will also explore opportunities in route development, tourism marketing, and staff training programmes.
SIA’s budget arm Scoot to take over some Jetstar Asia routes
It is looking to launch flights to Okinawa and Labuan Bajo.
Singapore Airlines partners with PALO IT on AI-powered product development
SIA will adopt PALO IT’s Generative AI Enhanced Engineering methodology.
Qantas Group shuts down Jetstar Asia
The move is expected to recycle up to $500m in capital.
Changi Airport awards T5 tunnels contract to Penta-Ocean and Koh Brothers
Through Koh Brothers’s subsidiary, the group holds a 30% equity stake in the joint venture.
SATS sells 49.0% SERVAIR-SATS stake to Gate Gourmet
SATS sold 509,600 or $6.14m.
SATS, Kuehne+Nagel to enhance air cargo logistics supply chain
They have introduced an expedited delivery service for urgent aircraft parts in Singapore.
ST Engineering bags 5-year MRO deal with Air Cairo
The contract will support the LEAP-1A engines for Air Cairo’s Airbus A320neo fleet.
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